Software carve-outs are back in focus because they offer something scarce: businesses with known customers, fixable cost structures, and room for strategic repositioning.
Why the opportunity is attractive
Big parents want sharper portfolios. Sponsors want assets where operational work can create a cleaner story before the next exit window opens.
What makes carve-outs hard
Shared systems, transition services, and leadership uncertainty can erode the upside quickly if the separation plan is weak.
